Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Europe’s Austerity May Prove Painful, Darling Writes in NYT

Dec. 6 (Bloomberg) -- European austerity measures forced on countries that need bailouts run the risk of smothering the growth those nations require to recuperate, former U.K. chancellor of the exchequer, Alistair Darling, wrote in the New York Times.

The European Central Bank also needs to pledge to support government bonds in troubled member countries, and to consider quantitative easing by increasing the money supply to stimulate the economy, he said.

Click here for web link

To contact the editor responsible for this story: David Altaner at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.